Transparency Market Research has featured a new report on the global oil and gas pipeline corrosion prevention industry’s development in the 2015-2023 period. The report looks into the several aspects of the rising oil and gas needs, which are dependent on the infrastructural layout and maintenance of these facilities for transportation of commodities over long distances. The report is titled “The Oil and Gas Pipeline Corrosion Prevention Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2015 – 2023.”
The report points put the many reasons for the increasing oil and gas exploration and production activities across the world. The increasing demand for energy, rapid industrialization, and rising population in Asia Pacific are the reasons for the same. The uneven distribution of oil and gas reserves necessitates a reliable means for the transportation of these substances from the source to the end user. Thus, gas operators need to tie up with oil and gas pipeline corrosion services to ensure smooth and uninterrupted flow of content.
According to the report, the increasing demand for oil and gas, increasing installation of pipelines at offshore locations, and advancing pipeline corrosion prevention technologies are primarily driving the oil and gas pipeline corrosion prevention market.
Pipelines are one of the most economical means of transportation of crude oil, refined products, and natural gas. Apart from the one-time construction expenditure, pipelines facilitate seamless transportation of these substances.
Nevertheless, the easy availability of substitute means such as ships, trucks, and trains limits the transportation of commodities using pipelines. Pipelines are also subject to internal and external corrosion due to climatic conditions, degradation of the metal used for pipelines, and the reaction of pipeline content with the metal used in the pipelines. These factors are limiting the layout of pipelines for the transportation of oil and gas. Thus, the growth of the oil and gas pipeline corrosion prevention market is challenged. Due to the permanent nature of pipelines and the geopolitical issues that arise due to cross-border layout of pipelines, the associated industries witness retarded growth.
The report divides the oil and gas pipeline corrosion market on the basis of location, method of prevention, and geography. Onshore and offshore are the segments of the market on the basis of location. By method prevention, corrosion prevention coatings can be used as internal pipeline coatings, flow efficiency coatings, field joint coatings, flow line coatings, and external pipeline coatings.